Powerful forces -- narrowing wage gaps, tumbling U.S. energy prices, the vagaries of currency markets -- are pulling Chinese companies across the Pacific. Mayors and economic development officials have lined up to welcome Chinese investors. Southern states, touting low labor and land costs, have been especially aggressive. read more
"You might expect that, all these years after Newton, we might have a good measure of his gravitational constant, G. As the authors of a new paper on the topic note, there are plenty of reasons to want a good measure of G 'given the relevance of the gravitational constant in several fields ranging from cosmology to particle physics, and in the absence of a complete theory linking gravity to other forces.'" read more
The U.S. Energy Information Administration (EIA) on Wednesday cut its estimate of recoverable oil in California's Monterey shale by 96 percent, casting doubt on what was once thought to be America's next major energy play. The deposit composes 2/3rds of the total shale reserves in the US. Even though estimates in 2011 put the estimated recoverable oil at 13.6 billion barrels, while this update puts the estimate at 600 Million, the daily output is not expected to be impacted in the near future. "Not all resources are created equal," EIA head Adam Sieminski said.